Statistical Models

Recommended by Nassim Nicholas Taleb, and 1 others. See all reviews

Ranked #55 in Statistics

This lively and engaging textbook explains the things you have to know in order to read empirical papers in the social and health sciences, as well as the techniques you need to build statistical models of your own. The author, David A. Freedman, explains the basic ideas of association and regression, and takes you through the current models that link these ideas to causality. The focus is on applications of linear models, including generalized least squares and two-stage least squares, with probits and logits for binary variables. The bootstrap is developed as a technique for estimating bias... more

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Nassim Nicholas Taleb AuthorI spent my life focusing on the errors of statistics and how they sometimes fail us in real life, because of the misinterpretation of what the techniques can do for you. This book is outstanding in the following two aspects: 1) It is of immense clarity, embedding everything in real situations, 2) It uses the real-life situation to critique the statistical model and show you the limit of statistic. For instance, he shows a few anecdotes here and there to illustrate how correlation between two variables might not mean anything causal, or how asymptotic properties may not be relevant in real... (Source)


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